Sparta Capital Ltd (SAY) - Net Assets

Latest as of June 2025: CA$618.12K CAD ≈ $447.14K USD

Based on the latest financial reports, Sparta Capital Ltd (SAY) has net assets worth CA$618.12K CAD (≈ $447.14K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.64 Million ≈ $2.63 Million USD) and total liabilities (CA$3.02 Million ≈ $2.18 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read how much debt does Sparta Capital Ltd carry for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$618.12K
% of Total Assets	16.99%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	N/A

Sparta Capital Ltd - Net Assets Trend (2017–2024)

This chart illustrates how Sparta Capital Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Sparta Capital Ltd total assets for the complete picture of this company's asset base.

Annual Net Assets for Sparta Capital Ltd (2017–2024)

The table below shows the annual net assets of Sparta Capital Ltd from 2017 to 2024. For live valuation and market cap data, see SAY market cap.

Year	Net Assets	Change
2024-09-30	CA$-1.76 Million ≈ $-1.28 Million	-39.39%
2023-09-30	CA$-1.27 Million ≈ $-915.89K	+27.77%
2022-09-30	CA$-1.75 Million ≈ $-1.27 Million	-326.14%
2021-09-30	CA$-411.35K ≈ $-297.56K	+18.19%
2020-09-30	CA$-502.81K ≈ $-363.72K	+76.68%
2019-09-30	CA$-2.16 Million ≈ $-1.56 Million	-17.71%
2018-09-30	CA$-1.83 Million ≈ $-1.33 Million	-85.20%
2017-09-30	CA$-989.11K ≈ $-715.51K	--

Equity Component Analysis

This analysis shows how different components contribute to Sparta Capital Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 493779000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2024)

Component	Amount	Percentage
Other Components	CA$12.63 Million	%
Total Equity	CA$-1.39 Million	100.00%

Sparta Capital Ltd Competitors by Market Cap

The table below lists competitors of Sparta Capital Ltd ranked by their market capitalization.

Company	Market Cap
Lexus Granito (India) Limited NSE:LEXUS	$3.83 Million
Capstone Holding Corp. Common Stock NASDAQ:CAPS	$3.84 Million
Audeara Ltd AU:AUA	$3.84 Million
M3 Mining Ltd AU:M3M	$3.84 Million
Pasukhas Group Bhd KLSE:0177	$3.83 Million
HiteJinro Holdings Co Ltd KO:000145	$3.83 Million
MOBA Network publ AB ST:MOBA	$3.82 Million
Diligent Media Corporation Limited NSE:DNAMEDIA	$3.82 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sparta Capital Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from -824,034 to -1,386,808, a change of -562,774.
Net loss of 889,804 reduced equity.
Other factors increased equity by 327,030.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-889.80K	-64.16%
Other Changes	CA$327.03K	+23.58%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares Sparta Capital Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-09-30	CA$0.00	CA$0.02	x
2018-09-30	CA$0.00	CA$0.02	x
2019-09-30	CA$0.00	CA$0.02	x
2020-09-30	CA$0.00	CA$0.02	x
2021-09-30	CA$0.00	CA$0.02	x
2022-09-30	CA$0.00	CA$0.02	x
2023-09-30	CA$0.00	CA$0.02	x
2024-09-30	CA$-0.01	CA$0.02	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sparta Capital Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 0.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -11.37%
• Asset Turnover: 3.66x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2017	0.00%	-27.00%	2.82x	0.00x	CA$-1.80 Million
2018	0.00%	-8.45%	1.34x	0.00x	CA$-940.30K
2019	0.00%	-6.18%	3.84x	0.00x	CA$-670.25K
2020	0.00%	-16.08%	1.74x	0.00x	CA$-816.35K
2021	0.00%	-11.74%	1.69x	0.00x	CA$-591.23K
2022	0.00%	-16.24%	2.95x	0.00x	CA$-872.81K
2023	0.00%	-4.89%	4.58x	0.00x	CA$-330.48K
2024	0.00%	-11.37%	3.66x	0.00x	CA$-751.12K

Industry Comparison

This section compares Sparta Capital Ltd's net assets metrics with peer companies in the Pollution & Treatment Controls industry.

Industry Context

Industry: Pollution & Treatment Controls
Average net assets among peers: $9,356,769
Average return on equity (ROE) among peers: -70.61%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sparta Capital Ltd (SAY)	CA$618.12K	0.00%	4.89x	$3.83 Million
Appulse Corp (APL)	$3.13 Million	4.05%	1.15x	$3.21 Million
BioRem Inc. (BRM)	$5.59 Million	-56.11%	1.83x	$37.86 Million
Questor Technology Inc. (QST)	$33.99 Million	-5.38%	0.12x	$6.37 Million
Thermal Energy International Inc. (TMG)	$3.57 Million	2.05%	2.35x	$19.14 Million
Current Water Technologies Inc (WATR)	$509.90K	-297.67%	0.83x	$1.66 Million

About Sparta Capital Ltd

V:SAY Canada Pollution & Treatment Controls

Market Cap

$3.83 Million

CA$5.30 Million CAD

Market Cap Rank

#28845 Global

#1356 in Canada

Share Price

CA$0.02

Change (1 day)

+0.00%

52-Week Range

CA$0.02 - CA$0.02

All Time High

CA$0.23